§ Dr. MoonieTo ask the President of the Board of Trade what is the current actuarial value of the forecast total liabilities of the pension rights of the employees at AEA Technology; and if he will make a statement. [19156]
§ Mr. Heseltine[holding answer 18 April 1995]: Employees of AEA Technology are employed by the UKAEA. Detailed data are available only for the whole of the UKAEA. However, the value of the liabilities in respect of AEA Technology is estimated to lie in the range of £120 million to £160 million.
1992–93 1993–94 1994–95 (a) Expenditure £K Hours Expenditure £K Hours Expenditure £K Hours Centre DTI 1,678 145,910 1,612 135,480 1,539 124,970 DTI agencies: Insolvency Service 323 34,450 266 18,940 110 7,230 National Weights and Measures Laboratory 6 390 10 768 8 500 Laboratory of the Government Chemist 58 7,100 42 4,200 42 3,900 National Engineering Laboratory 67 4,882 58 4,329 71 5,409 National Physical Laboratory 51 (b) 81 (b) 82 (b) Radiocommunications 359 17,071 414 18,047 394 13,523 Companies House 354 45,674 380 52,829 316 41,817 Patent Office 185 26,923 223 27,005 264 30,014 Total 3,081 282,400 3,086 261,598 2,826 227,363 Notes:
(a) The entries for 1994–95 are provisional figures.
(b) Figures could be provided only at disproportionate cost.
The total number of days lost by the centre of the department through sickness for calendar years 1992 and 1993 were 101,835.8 and 107,796.5 respectively. The Department could provide information on the monetary equivalents of these figures only at disproportionate cost. Data are not yet available for 1994.